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Contracting Basics

Learn the Contract Management Basics

Not sure what is an NDA, MSA, SLA, Indemnity, Adhesion contract, and more? Learn the contract management basics here.

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Fixed-price contract graphic

What Is a Fixed-Price Contract?

Learn everything about fixed-price contracts, including how they work, their key features, types, and common terms. Discover when they're ideal to use and how contract management software can help
Cost-plus contract graphic

What Is a Cost-Plus Contract?

Discover the ins and outs of cost-plus contracts. Learn how they work, their advantages and disadvantages, and when they're best suited. Get expert tips on managing cost-plus contracts effectively using contract management software.
Limitation of liability clause in contracts.

What Is the Limitation of Liability Clause in Contracts?

Discover the importance of limitation of liability clauses in contracts. Learn about common types, benefits, legal considerations, real-world examples, and how a contract management platform can help.
Force majeure clause. Learn more.

What is a Force Majeure Clause?

Discover the importance of the Force Majeure clause in contracts. Learn how these provisions protect businesses from unforeseen events like natural disasters, wars, and government actions, while ensuring business continuity and legal protection.
Indemnification clause in contracts

What is the Indemnification Clause in Contracts?

The indemnification clause is a standard provision in most commercial contracts. They serve as a critical tool for risk allocation between parties. Learn why it is one of the most commonly negotiated terms of a contract.

What is GDPR? What does it mean to be GDPR compliant?

Data privacy has become a crucial concern for individuals and businesses in the age of digitization and AI. The General Data Protection Regulation (GDPR) is landmark legislation aimed at protecting the personal data and privacy of individuals within the European Union (EU). Learn what it means to be GDPR-compliant, its benefits, and contract management best practices.
Chance element in an Aleatory Contract

What is an Aleatory Contract?

Have you ever entered an agreement where the outcome depends on an uncertain event? This is the essence of an aleatory contract, a legal concept that governs situations where chance plays a significant role.